Friday, 22 November 2013

Shriram EPC hand bags Rs 214 crore orders

Chennai: Shriram EPC Ltd, companies of incorporated design, technological innovation, purchase and development has packaged several purchases worth Rs. 214 crore.

The prize contains Rs. 157 crore from Bharat Oil Organization Ltd for challenge municipal, architectural and subterranean pipes works for the incorporated refinery development venture at Kochi Refinery. The venture is predicted to be finished in 15 several weeks, a organization declaration said.

The city-based organization has also packaged two purchases amounting to Rs. 57 crore from the Public Organization of Brihanmumbai - the sewerage functions division, Mumbai for recovery of subterranean sewers using trenchless technology with GRP ships. Both purchases are required to be finished in 21 several weeks, it said.

"While the demand environment is demure for most of our technological innovation verticals, our water division is constantly on the flourish due to order victories from cities, large PSUs as well as private businesses," Shriram EPC Ltd Handling Home and CEO T Shivaraman said.

"Our technological innovation business is going from durability to durability following divestment of subsidiaries and non-core resources a few several weeks ago," he included.

Shriram EPC has workplaces in Gurgaon, Kolkata, China. The organization's EPC venture contains Eastern African-american, European countries, Western Japan besides Indian, the declaration included.

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